The revenue of the famous German car manufacturer BMW decreased by 16% in the third quarter of 2024.
Oku.Az reports that “Izvestia” published information about it.
According to the report, the cause of the decline in revenue was the recall of several car models and weakening demand in China.
The company’s net profit in the period was 476 million euros, six times less than in 2023.
It should be noted that some time ago another German car manufacturer “Volkswagen” announced that the company has serious financial problems and is facing a crisis.
